Romania - Hygienic or Pharmaceutical Articles of Rubber - Market Analysis, Forecast, Size, Trends and Insights
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Pharmaceutical Rubber Articles Market Size in Romania
The Romanian pharmaceutical rubber articles market reached $X in 2023, increasing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Pharmaceutical rubber articles consumption peaked in 2023 and is likely to see steady growth in the near future.
Pharmaceutical Rubber Articles Production in Romania
In value terms, pharmaceutical rubber articles production reached $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of X%. Pharmaceutical rubber articles production peaked at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.
Pharmaceutical Rubber Articles Exports
Exports from Romania
In 2023, shipments abroad of hygienic or pharmaceutical articles of rubber decreased by X% to X units for the first time since 2017, thus ending a five-year rising trend. Over the period under review, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X units in 2022, and then reduced rapidly in the following year.
In value terms, pharmaceutical rubber articles exports reduced markedly to $X in 2023. Overall, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of X%. The exports peaked at $X in 2022, and then plummeted in the following year.
Exports by Country
Italy (X units) was the main destination for pharmaceutical rubber articles exports from Romania, accounting for a X% share of total exports. Moreover, pharmaceutical rubber articles exports to Italy exceeded the volume sent to the second major destination, France (X units), tenfold.
From 2012 to 2023, the average annual growth rate of volume to Italy amounted to X%.
In value terms, Italy ($X) remains the key foreign market for hygienic or pharmaceutical articles of rubber exports from Romania, comprising X% of total exports. The second position in the ranking was held by France ($X), with a X% share of total exports.
From 2012 to 2023, the average annual rate of growth in terms of value to Italy totaled X%.
Export Prices by Country
In 2023, the average pharmaceutical rubber articles export price amounted to $X per unit, remaining constant against the previous year. In general, the export price showed a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to France totaled $X per unit.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%).
Pharmaceutical Rubber Articles Imports
Imports into Romania
For the eighth consecutive year, Romania recorded growth in supplies from abroad of hygienic or pharmaceutical articles of rubber, which increased by X% to X units in 2023. In general, imports recorded a buoyant increase. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Imports peaked in 2023 and are expected to retain growth in years to come.
In value terms, pharmaceutical rubber articles imports skyrocketed to $X in 2023. Overall, imports enjoyed a moderate increase. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2023 and are likely to see steady growth in the near future.
Imports by Country
In 2023, Ireland (X units) constituted the largest supplier of pharmaceutical rubber articles to Romania, with a X% share of total imports. Moreover, pharmaceutical rubber articles imports from Ireland exceeded the figures recorded by the second-largest supplier, France (X units), fivefold. Serbia (X units) ranked third in terms of total imports with a X% share.
From 2012 to 2023, the average annual growth rate of volume from Ireland stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Serbia (X% per year).
In value terms, France ($X), Ireland ($X) and Denmark ($X) constituted the largest pharmaceutical rubber articles suppliers to Romania, together comprising X% of total imports.
Among the main suppliers, Denmark, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average pharmaceutical rubber articles import price stood at $X per unit in 2023, dropping by X% against the previous year. In general, the import price continues to indicate a pronounced descent. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2023, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($X per unit), while the price for Ireland ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the pharmaceutical rubber articles market in Romania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 22197130 - Hygienic or pharmaceutical articles of rubber (excluding sheath contraceptives)
Country coverage:
- Romania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Romania
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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